Prominent cryptocurrency analyst Ali Martinez (@ali_charts) has identified a compelling technical formation in XRP’s chart that could signal a significant move ahead.
The cryptocurrency market has witnessed numerous technical formations throughout 2025, but few carry the potential significance of the current pattern developing in XRP’s chart structure.
Symmetrical Triangle Consolidation Reaches Apex
At the time of Martinez’s analysis, XRP traded at $3.1048, following an extended consolidation phase within the symmetrical triangle pattern. The triangle pattern displays classic characteristics of a consolidation phase, with the upper resistance line connecting previous highs while the lower support line captures successive lows.
It began forming in mid-July, shortly before the digital asset rose to its all-time high of $3.65. The compression of price action that followed this rise suggests that a significant move is approaching as the pattern nears its apex. Martinez’s analysis suggests that a breakout above $3.26 will trigger this surge, potentially sending the asset to $3.9, a new peak.
$XRP consolidates in a triangle! A break above $3.26 could send it to $3.90. pic.twitter.com/9MmLhcofSF
— Ali (@ali_charts) August 15, 2025
Technical Levels and Market Structure
The chart reveals multiple Fibonacci retracement levels, which provide additional context to the current price structure. Key resistance zones are marked at various levels, including the Fib. 0.382 ($3.0631), Fib. 0.5 ($3.1602), Fib. 0.618 ($3.2603), Fib. 0.786 ($3.4083), and Fib 1 ($3.6067) retracements. These levels serve as potential barriers or support zones depending on price direction.
Currently trading below the $3.26 breakout threshold, XRP remains within the consolidation range. The technical setup shows sustained movement above this resistance could trigger the projected advance toward $3.9, which aligns with the Fib. 1.272 level, and represents a gain of approximately 25.61% from current levels.
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Is XRP Headed for a New All-time High?
The pattern’s resolution will likely provide clarity for XRP’s intermediate-term direction. Technical analysis suggests that consolidation patterns of this nature often precede significant price movements, with the direction of the eventual breakout typically determining the subsequent trend.
Additionally, other analysts have spotted bullish technical indicators on XRP’s chart with higher targets. The current setup presents XRP holders with a defined risk-reward scenario, where the triangle’s boundaries provide clear reference points for potential entry and exit strategies based on the pattern’s eventual resolution, and Martinez is confident that this pattern will resolve in an upward direction.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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